we are today announcing 600 million pounds more for the uk research project and improving this is our best defense in a tough economy. i'm committed to funding improvements in their education policies and 1 billion pounds to expand good schools and build 100 new free schools and academies. [cheers] >> mr. speaker, scotland, wales, northern ireland, will get their share of additional capital at the disposal of their administration. on top of this, we are ready to provide guarantees of up to 40 billion pounds more. i can announce the projects of 10 million pounds of our event prequalified. we are offering 10 billion pounds of housing. our country pension plans will launch their investment platform next year as well, and we have published details of the replacement to the discredited efi. we will now ensure that we also share in the words. i commend my honorable friend for his work in this area. we are equipping britain to win in the global race. the average investment, which is 29 billion pounds is now 33 billion pounds. now, savings from whitehall are not enough by themselves. we need